CFTC Commissioner Christy Goldsmith Romero’s recent remarks on keeping pace with evolving technologies like social media and AI highlight their ability to assist regulators by strengthening protection, broadening financial information outreach, and easing accessibility.
The SEC has charged nine RIAs with breaching its Marketing Rule by advertising ‘hypothetical performance’ to the general public. With fines totalling $850,000 the regulator is making it clear that the answer to ‘are we compliant?’ should never be a hypothetical.
Goldman Sachs has terminated four executives, including its head of transaction banking, for “serious violations” of the firm’s communications policies and failure to cooperate with compliance teams.
Enforcement actions from the SEC and CFTC against Citigroup and Goldman Sachs showcase that compliant recordkeeping is high on the regulatory agenda.
Ofgem’s £5.4 million fine shows Morgan Stanley still hasn’t gotten the message on compliant communications
With UK energy market regulator Ofgem fining Morgan Stanley £5.4 million for traders’ use of personal WhatsApp accounts for business, is it time for UK firms to get the message on communications compliance?
High-profile enforcement actions by the CFTC and SEC against big name banks are proof that regulators see communications and recordkeeping breaches as a culture issue.
AI’s impact on the financial industry – SEC speaks to its risks, revolutionization, and everything in between
The SEC’s Chairman Gary Gensler recently spoke about the challenges and benefits AI presents to the financial world on a micro and macro level. Ensure you’re on track to identify, adapt, and manage these points as this technology rapidly develops for compliance teams.
In the final episode of the series, Raewyn Danvers, Global Relay Sales Manager, Unified Communications, shares her insights into how industry professionals can get ahead (and stay ahead) of regulatory compliance technology trends.
In part four of this five-part series, Jennie Clarke, Global Relay Head of Content, shares a preview of the findings and trends from our Compliant Communications 2023 industry insights report.
In our five-part podcast post series with the Compliance Podcast Network, we explore messaging compliance in a shifting regulatory landscape.
A recent speech from the Chief Executive of the FCA has outlined their direction of travel on Big Tech and AI regulation. But with the FCA itself being audited on its effectiveness as a ‘digital regulator’, what does this mean for organizations and accountability?